This $2.7 million home in Mark Cuban's Dallas neighborhood is up for auction with no minimum bid—take a look inside

Courtesy of Elite Auctions

A home in the same neighborhood where Mark Cuban lives in Dallas, Texas is going to auction on July 20 with no minimum bid required. The home is valued at $2.7 million, according to a representative of Elite Auctions, the company holding the auction.

The home is in the affluent neighborhood of Preston Hollow, where both the "Shark Tank" star and former President George W. Bush own homes.

The sellers of the home being auctioned — retired insurance executive George W. Hallmark philanthropist Sandra Hallmark — hope the home will obtain close to the appraised value, according to the auction house.

Take a look inside.

The 7,990-square-foot, four-bedroom and three-bathroom home has French-inspired design, and the entryway has a custom staircase, crystal chandelier and marble floor, according to the listing.

Courtesy of Elite Auctions

The main living area has a fireplace, high ceilings and French doors that open to an outdoor area.

Courtesy of Elite Auctions

The kitchen is newly renovated, according to a representative of Elite Auctions.

Courtesy of Elite Auctions
Courtesy of Elite Auctions

There is a media room with a projector screen.

Courtesy of Elite Auctions

The master bedroom has a door that leads to an outdoor space, a representative tells CNBC Make It.

Courtesy of Elite Auctions

The master bathroom has a marble bathtub and separate shower, according to the listing.

Courtesy of Elite Auctions

The auction takes place at 12 p.m. ET on Saturday and bidders must pre-register.

Mark Cuban's Preston Hollow mansion is 23,700 square feet with 10 bedrooms, a spa, a pool and wet bars, according to Forbes, and he is currently worth $4.1 billion.

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Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank."